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33100-33160 U.S. 19 Hwy N
Palm Harbor, FL 34684
Hillside Plaza | 100% Occupied | 4+Yrs WALT · Retail Property For Sale
Investment Highlights
- 100% Occupied | 4+ Years WALT | Options To Extend | Rental Increases | Strong Tenant Mix
- Dense Retail Corridor | Steps From Coral Landings Shopping Plaza (2M Annual Visits)
- Frontage On US Highway 19 (93,000 VPD) | Excellent Visibility & Access
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS Multi-Tenant Investments is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied, multi-tenant retail center located in Palm Harbor, Florida. The property features a strong and diverse tenant mix with over 4 years of remaining weighted average lease term (WALT), offering stable in-place income. Nearly all tenants benefit from renewal options and scheduled rental increases, supporting long-term income growth and built-in inflation protection. A synergistic mix of uses encourages cross-shopping activity, enhancing tenant performance and overall consumer draw.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
17,000 SF
Building Class
C
Year Built
1985
Price
$11,618,875 CAD
Price Per SF
$683.46 CAD
Cap Rate
6.15%
NOI
$714,539 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.93 AC
Zoning
CP - Commercial Parkway District
Parking
69 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
294’ on U.S. Highway 19
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 06-28-16-00000-340-0400 | Improvements Assessment | $1,755,551 CAD |
| Land Assessment | $1,492,428 CAD | Total Assessment | $3,247,979 CAD |
Property Taxes
Parcel Number
06-28-16-00000-340-0400
Land Assessment
$1,492,428 CAD
Improvements Assessment
$1,755,551 CAD
Total Assessment
$3,247,979 CAD
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